Trade negotiations between India and the United States are expected to enter a significant new phase next week, with both nations preparing for high-level discussions aimed at strengthening economic cooperation and resolving long-pending trade concerns. Senior officials from both countries have indicated that the upcoming talks could mark a major step toward deepening bilateral commercial...
The Assam government has announced an ambitious roadmap to transform the State into a ₹10 lakh crore economy by 2028, with Chief Minister Himanta Biswa Sarma highlighting infrastructure expansion, industrial investment, employment generation, and administrative reforms as key drivers of growth. Speaking during discussions linked to the State’s economic and developmental agenda, the Chief Minister...
Consumers across India faced another surge in fuel costs on Friday as petrol and diesel prices were increased for the third time within just 10 days. The latest revision has intensified concerns over inflationary pressure and rising transportation expenses, especially at a time when households and businesses are already grappling with elevated living costs. According...
The Reserve Bank of India (RBI) has approved a historic surplus transfer of ₹2.87 lakh crore to the Central Government for the financial year 2025–26 (FY26), marking one of the largest dividend payouts in the central bank’s history. The decision is expected to provide a significant boost to the government’s fiscal position amid ongoing budgetary...
India witnessed another sharp increase in fuel prices as petrol and diesel rates were revised upward for the second time within a week, adding further pressure on household budgets and transportation costs. State-run oil marketing companies increased fuel prices by nearly 90 paise per litre across several metropolitan cities, following an earlier hike of ₹3...
The Indian rupee plunged to a historic low against the US dollar, breaching the psychologically significant 96 mark amid surging crude oil prices, mounting geopolitical tensions, and persistent pressure on emerging market currencies. The sharp depreciation has intensified concerns over inflation, import costs, and broader economic stability in India as global financial markets react nervously...
In a significant policy decision aimed at regulating precious metal inflows and strengthening macroeconomic stability, the government has raised the import duty on gold and silver to 15 percent. The move is expected to reshape bullion trade dynamics, impact domestic prices, and curb rising imports of precious metals. Policy Objective Behind the Duty Hike The...
Prime Minister Narendra Modi has once again appealed to citizens across the country to adopt responsible economic practices amid rising global instability triggered by the ongoing conflict involving the United States and Iran. Emphasising the need for national preparedness during uncertain times, the Prime Minister called on people to reduce fuel consumption, embrace work-from-home culture...
Prime Minister Narendra Modi has appealed to citizens across the country to adopt a more restrained lifestyle in response to rising global economic uncertainty and escalating energy concerns linked to the ongoing West Asia conflict. Speaking during a public event in Telangana, the Prime Minister called on Indians to reduce dependence on imported resources, conserve...
India is preparing to recalibrate its economic strategy in response to an increasingly protectionist global trade environment, with Chief Economic Advisor V. Anantha Nageswaran advocating the creation of a robust national supply chain security framework. His remarks signal a shift toward building institutional safeguards to protect India’s economic interests amid tightening global regulations and geopolitical...